Bulls tighten grip! These stocks doubled investor wealth in just one year
SUMMARY
The last year has been full of macro developments for the market on a global as well as domestic level. From NBFC crisis to Lok Sabha elections, US-China trade war worries to oil volatility, the investors have maintained a cautious stance on the equities. However, post the corporate tax cut, announced by the union finance minister Nirmala Sitharaman of Friday, the bulls have been in the driver seat. The benchmark Nifty50 index, which had turned negative for 2019 earlier in the month, is now up 8 percent for that duration. For the last one year, the benchmark index has risen over 7 percent. Here are five stocks that have rallied over 100 percent in the last one year:
By Pranati Deva Sept 25, 2019 6:32:22 AM IST (Updated)
Interglobe Aviation: The aviation stock, which has been in focus over promoter spat, has risen over 100 percent in the last year, mainly due to grounding of Jet Airways.
